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Contracts in Progress
12 Months Ended
Dec. 31, 2011
Contracts in Progress [Abstract]  
Contracts in Progress
  9. Contracts in Progress

Costs and estimated earnings on contracts in progress for the year ending December 31, 2011 and 2010 are summarized in the table below (in thousands):

 

                 
    December 31,  
    2011     2010  

Costs incurred on uncompleted contracts

  $ 3,193     $ 9,912  

Estimated earnings

    855       3,138  
   

 

 

   

 

 

 

Total revenues

    4,048       13,050  

Less: billings to date

    4,031       13,325  
   

 

 

   

 

 

 

Total

  $ 17     $ (275
   

 

 

   

 

 

 
     

Balance sheet classification:

               

Costs in excess of billings on uncompleted contracts

  $ 171     $ 22  

Billings in excess of costs on uncompleted contracts

    (154     (297
   

 

 

   

 

 

 

Total

  $ 17     $ (275